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1. • • Possible offers were floated by Gordon Brothers International and Spotlight Brands, and another from Go Global Retail, but none ultimately decided to bid for the group.
     www.thisismoney.co.uk/money/markets/article-10056685/French-Connection-sold-consortium-investors-29m-deal.html

     French Connection sold to consortium of investors in £29m deal

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   Will Gordon brothers buy French Connection?

   • However, investment firms Spotlight Brands and Gordon Brothers pulled out of early talks to buy the company. Mr Marks said: "Over the last five years, French Connection has made significant progress in its plans to rationalise the size of its store portfolio and to return the French Connection Group to profitability.

   French Connection sold in deal valuing business at £29m ... - Sky News

   news.sky.com/story/french-connection-sold-in-deal-valuing-business-at-29m-after-years-of-losses-12425738

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   What happened to French Connection?

   • French Connection - which has 150 stores and concessions globally - began seeking new buyers earlier this year as it struggled to recover from the effects of the COVID-19 pandemic that saw revenue fall by 40% in its last financial year. However, investment firms Spotlight Brands and Gordon Brothers pulled out of early talks to buy the company.

   French Connection sold in deal valuing business at £29m ... - Sky News

   news.sky.com/story/french-connection-sold-in-deal-valuing-business-at-29m-after-years-of-losses-12425738

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   Who owns French Connection?

   • Chief executive Stephen Marks, who founded the company, owns more than 40% of the firm, while billionaire Mike Ashley's Frasers Group owns just under a quarter of the company. In 2018,French Connection had said it could be sold when it said it was "reviewing all strategic options" including the potential sale of the firm.

   French Connection shares rocket amid takeover bids - BBC

   www.bbc.com/news/business-55939859

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   Could French Connection be sold?

   • In 2018,French Connection had said it could be sold when it said it was "reviewing all strategic options" including the potential sale of the firm. Shares in the struggling fashion retailer close up 67% after it says it is talks with two suitors.

   French Connection shares rocket amid takeover bids - BBC

   www.bbc.com/news/business-55939859

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   Why did French Connection stock close 67% at 26p?

   • Shares in French Connection closed up 67% at 26p on Friday after the struggling fashion chain said it had received two takeover approaches. The retailer, which has posted losses for most years in the past decade, said the talks were at an early stage.

   French Connection shares rocket amid takeover bids - BBC

   www.bbc.com/news/business-55939859

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   Why did Stephen Marks sell French Connection?

   • The deal will bring to an end founder Stephen Marks's running of the business which has struggled for profitability and cut its store estate in a bid to save cash for a post-COVID recovery. French Connection has been sold to a consortium including its second-largest shareholder in a deal valuing the fashion chain at £29m.

   French Connection sold in deal valuing business at £29m ... - Sky News

   news.sky.com/story/french-connection-sold-in-deal-valuing-business-at-29m-after-years-of-losses-12425738

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3. news.sky.com › story › french-connection-sold-inFrench Connection sold in deal valuing business at £29m after ...

   news.sky.com › story › french-connection-sold-in

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   Oct 4, 2021 · However, investment firms Spotlight Brands and Gordon Brothers pulled out of early talks to buy the company.

4. www.gordonbrothers.com › press-release › gordonGordon Brothers Executes £25M Financing Facility to Support ...

   www.gordonbrothers.com › press-release › gordon

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   Nov 23, 2021 · The funding supported MIP’s public-to-private takeover of French Connection Group PLC (French Connection). Gordon Brothers delivered the majority funding on the transaction, providing £17.5 million for the financing facility.

5. www.thisismoney.co.uk › money › marketsFrench Connection sold to consortium of investors in £29m deal

   www.thisismoney.co.uk › money › markets

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   Oct 4, 2021 · Possible offers were floated by Gordon Brothers International and Spotlight Brands, and another from Go Global Retail, but none ultimately decided to bid for the group. Then last month, the...

6. www.euronews.com › 2021/10/04 › uk-french-connectn-m-aFrench Connection agrees $40 million sale; chairman to retire

   www.euronews.com › 2021/10/04 › uk-french-connectn-m-a

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   Oct 4, 2021 · The deal comes after French Connection began seeking new suitors earlier this year after investment firms Spotlight Brands and Gordon Brothers pulled out of early talks to buy the company.

7. reorg.com › articles › mip-holdings-french-connectionAurelius, Gordon Brothers to Provide £25M Loan to Back MIP ...

   reorg.com › articles › mip-holdings-french-connection

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   Oct 7, 2021 · Funds Aurelius and Gordon Brothers have agreed to provide a £25 million loan to support MIP Holdings’ planned acquisition of U.K. fashion retail group French Connection, sources told Reorg. The facility is aimed at implementing French Connection’s turnaround strategy and repaying its existing debt, sources said.

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9. www.bbc.com › news › business-55939859French Connection shares rocket amid takeover bids - BBC

   www.bbc.com › news › business-55939859

   Feb 5, 2021 · One offer comes from Spotlight Brands, which owns Sweaty Betty, together with Gordon Brothers International, which recently bought Laura Ashley.

10. www.sharesmagazine.co.uk › news › sharesStruggling French Connection accepts £29 million takeover offer

    www.sharesmagazine.co.uk › news › shares

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    Oct 4, 2021 · Earlier this year, French Connection began looking for new suitors after investment firms Spotlight Brands and Gordon Brothers pulled out of talks to buy the company and the board is unanimously recommending a takeover by MIP.